Income Tax Slabs FY 2025-25 New versus Old Income Tax Regime: Finance Minister Nirmala Sitharaman announced significant ...

Understand the major updates in India’s Income Tax Bill 2025, including tax law simplification and a shift to a unified tax ...

Finance Minister Nirmala Sitharaman on Thursday presented the new Income Tax Bill during the budget session in the Lok Sabha.

The new tax regime is the default tax regime. Currently, the highest tax rate of 30% is applicable from net taxable income ...

One key update is the introduction of a “tax year,” which refers to the 12-month period starting from April 1, effectively ...

Union Finance Nirmala Sitharaman while presenting Union Budget 2025-26 said the government will introduce a New Income Tax ...

The government increased the tax exemption limit to Rs 12 lakh and revised rates lower under the New Tax regime in the Budget ...

Finance Minister Nirmala Sitharaman is likely to present the Income Tax Bill 2025 in Lok Sabha on Thursday. The House was ...

Additionally, Sitharaman introduced revisions to income tax slabs to make taxation more progressive. Individuals earning up ...

The updated slabs show a shift in the tax-free income threshold from Rs 3 lakh to Rs 4 lakh, which is expected to provide significant relief to low-income taxpayers ...

Finance Minister Nirmala Sitharaman said that slabs and rates are being changed across the board to benefit all tax-payers.

High-income households and profitable corporations would grow even wealthier under Republican proposals for trillions of ...